Twitter Is Reportedly Set , To Accept Elon Musk’s Buyout Offer.<br />Twitter Is Reportedly Set , To Accept Elon Musk’s Buyout Offer.<br />'The New York Times' and other major outlets report that after Musk said last week he'd secured <br />$46.5 billion in financing to buy the company.<br />'The New York Times' and other major outlets report that after Musk said last week he'd secured <br />$46.5 billion in financing to buy the company.<br />Twitter is ready to make a deal.<br />A source told CNN that the company's board met on April 24 to review Musk's offer.<br />Twitter stock rose nearly 5% on April 25 after news of the impending sale was leaked.<br />Prior to Musk's bid, he'd purchased more than a 9% stake in the company and campaigned for changes to the platform.<br />Prior to Musk's bid, he'd purchased more than a 9% stake in the company and campaigned for changes to the platform.<br />He has repeatedly said Twitter's "extraordinary potential" has yet to be unlocked in the way of promoting free speech.<br />He has repeatedly said Twitter's "extraordinary potential" has yet to be unlocked in the way of promoting free speech.<br />I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy, Elon Musk, via offer letter to Twitter, as reported by CNN.<br />However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company, Elon Musk, via offer letter to Twitter, as reported by CNN.<br />CNN reports that once the deal is finalized, the <br />world's richest man will have control over one of the <br />most influential social media platforms in the world
